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603 E Balboa Boulevard, Newport Beach, CA 92661

$2,385,000

  • For Sale
  • Active
  • Multi-Family
603 E Balboa Boulevard, Newport Beach, CA 92661View this property at 603 E Balboa Boulevard, Newport Beach, CA 92661
603 E Balboa BoulevardNewport BeachCA92661

Property Description

A rare 3 story live/work space in the heart of Balboa, with amazing views of the ocean, bay, Balboa Pavilion and the sparkling lights across the water. This unique contemporary building features retail space and garages for 6 cars on the ground floor. The top two floors consist of a 3 bedroom, 3 bath home with two fireplaces, indoor and exterior staircases, a flexible floor plan and expansive decks off of both levels to enjoy the panoramic vistas and ocean breezes. Live and work just steps from restaurants, shopping, beachside activities, the Balboa Pier, the historic Newport Pavilion, and the charming Balboa Ferry. So many uses- ideal for an owner/user as a full time home above your business, a perfect beach getaway or a short or long
term rental with lots of upside potential. Projected rent of $7000 for residence, $2200 retail/office. Just steps to all Balboa has to offer! Built in 1991, this is the first time on the market, and a rare find. Call for a private showing or more information regarding this one of a kind jewel!

Full Property Details for 603 E Balboa Boulevard

General

  • Price: $2,385,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: LG16712340
  • Updated: 1/31/2018
  • Added: 489 day(s) ago

Property History

  • 603 E Balboa Boulevard, Newport Beach, CA
  • Reduced to $2,385,000 on 1/9/18
  • Reduced to $2,390,000 on 11/30/17
  • Reduced to $2,395,000 on 10/24/17
  • Reduced to $2,495,000 on 6/30/17
  • Listed at $2,600,000 on 10/22/16

Interior

  • Rooms/Areas: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Interior Features: 2 Staircases, Balcony, Built-Ins, Cathedral-Vaulted Ceilings, Ceramic Counters, Living Room Balcony
  • Fireplace(s): Living Room, Gas, Gas Starter
  • Appliances: Dishwasher, Garbage Disposal, Gas Stove, Gas Water Heater, Microwave
  • Flooring: Carpet

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 6
  • Parking Features: Assigned, Direct Garage Access, Garage, Garage Door Opener
  • Parking: Assigned, Garage (Direct Access), Garage, Garage Door Opener

Location

  • Area: NP - Balboa Peninsula
  • County: Orange
  • Development Name: NP - Balboa Peninsula
  • Driving Directions: Balboa Blvd to Palm
  • Direction Faces: North

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Forced Air

Utilities

  • Sewer: Sewer Paid
  • Water: Public
  • # Water Meters: 2
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Architectural Style: Contemporary
  • Foundation: Slab
  • Roof: Shingle
  • Doors: Sliding Glass Door(s)
  • Stories/Levels: Three Or More
  • Stories Description: Three Or More
  • Square Feet: 2,480
  • Year Built: 1991

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 3
  • Bedrooms: 3

Lot Features

  • Property View: Bay, City Lights, Harbor, Neighborhood, Ocean, Water
  • Lot Size (Sq. Ft.): 2,565
  • Lot Size Source: Assessor
  • Lot Dimensions: 27 x 95
  • Lot Description: Lot Shape-Rectangular, Level/Flat Lot, Near Public Transit, Park Nearby

Financial Considerations

  • Price Per Sq. Ft.: $961.69

Listed by HOM Sotheby's International Re, Victoria Lee and Brad Barker

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Schools

Schools serving 603 E Balboa Boulevard

School District:
Newport-Mesa Unified School District
School Name
Grades
Distance
Newport Elementary School
1327 W Balboa Blvd, Newport Beach, CA 92660
K-6
1.1 mi
Ensign Intermediate School
2000 Cliff Dr, Newport Beach, CA 92663
7-8
1.5 mi
Newport Harbor High School
600 Irvine Avenue, Newport Beach, CA 92663
9-12
1.6 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 603 E Balboa Boulevard

603 E Balboa Boulevard, Newport Beach, CA 92661 (MLS# LG16712340) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 603 E Balboa Boulevard is currently listed for $2,385,000 and was received on October 22, 2016. Want to learn more about 603 E Balboa Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Newport Beach? You can browse all Newport Beach real estate or contact a Coldwell Banker agent to request more information.

Listed by HOM Sotheby's International Re, Victoria Lee and Brad Barker